Egg production in Nigeria is coming under increasing threat as the price of day-old chicks (DOCs) surges to as high as N3,000, forcing many poultry farmers to scale back or delay restocking and raising concerns over looming supply shortages, Daily Independent gathered. Stakeholders in the poultry industry warn that the surge in prices could si...
•Aliko Dangote Officials of the Dangote Petroleum Refinery are unaware of claims that seven crude cargoes have been allocated to it in May by the Nigerian National Petroleum Company Limited. Senior officials at the refinery told our correspondent that, although talks were ongoing with the NNPC, they could not confirm an increase in the refiner...
The Central Bank of Nigeria (CBN) has disclosed that 33 banks met the minimum capital requirements under its recapitalisation programme aimed at strengthening the resilience of the financial system. In a statement today, CBN said the programme, which commenced in March 2024, has now been concluded after a 24-month implementation period. The ap...
•Atiku and Tinubu Former Vice President Atiku Abubakar has criticised the reported swift approval of a $6 billion external loan request by President Bola Ahmed Tinubu, describing the process as “reckless urgency.” Atiku, a chieftain of the African Democratic Congress (ADC), expressed concern that the Senate reportedly approved the request in l...
•Tinubu and fuel pump The Association of Nigeria Refineries Petroleum Marketers (ANRPM) has urged the Tinubu-led federal government to consider a temporary subsidy on petroleum products to cushion the impact of rising global oil prices triggered by the ongoing conflict involving the United States, Israel and Iran. National President of the ass...
As the March 31 deadline ends today, the majority of Nigerian taxpayers are still unaware of the processes involved in filing their personal income tax returns in line with the new tax laws, findings have shown. Under the Nigeria Tax Act 2025, every Nigerian earning income is mandated to file an annual tax return, which […]
•The awardees On Saturday, March 28, 2026, Zenith Bank held the climax of its month-long activities to commemorate March as women’s month. The event which held at The Civic Centre, was the second of such activity at the Centre, having held the International Women Day Seminar on March 9, 2026. The event was to honour […]
•Nigerians now trek longer distances amidst high transport costs Across Nigeria’s bustling cities and rural communities alike, commuters are facing mounting financial pressure as transport fares continue to rise in response to persistent increases in fuel prices. From daily wage earners to students and small business owners, the ripple effects...
•Dr. Paul Alaje Chief Economist at SPM Professionals, Dr. Paul Alaje, has advised the federal government to partner with the Dangote Petroleum Refinery in providing palliatives to the masses following the escalation in the ongoing war between Iran and the United States. He gave the advice when he appeared as a guest on Channels Television [&he...
Despite the reduction in the gantry price of Dangote Petroleum Refinery to N1,200 per litre from N1,275 per litre, oil marketers have continued to sell Premium Motor Spirit, PMS, also known as petrol, at N1,330 per litre and above in Lagos and its environs. Motorists had expected that with the N75 per litre reduction by […]

